Groupama Asset Managment Has $2.97 Million Stock Position in Constellation Brands Inc $STZ

Groupama Asset Managment raised its stake in Constellation Brands Inc (NYSE:STZ) by 25.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,815 shares of the company’s stock after acquiring an additional 4,010 shares during the quarter. Groupama Asset Managment’s holdings in Constellation Brands were worth $2,972,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Hudson Edge Investment Partners Inc. increased its holdings in shares of Constellation Brands by 36.1% during the fourth quarter. Hudson Edge Investment Partners Inc. now owns 48,062 shares of the company’s stock worth $6,631,000 after purchasing an additional 12,746 shares during the period. Swiss Life Asset Management Ltd boosted its stake in shares of Constellation Brands by 99.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 38,489 shares of the company’s stock valued at $5,310,000 after buying an additional 19,161 shares during the period. Swedbank AB grew its position in Constellation Brands by 108.1% during the fourth quarter. Swedbank AB now owns 63,055 shares of the company’s stock worth $8,699,000 after buying an additional 32,757 shares in the last quarter. OLD Republic International Corp grew its position in Constellation Brands by 76.7% during the fourth quarter. OLD Republic International Corp now owns 193,500 shares of the company’s stock worth $26,695,000 after buying an additional 84,000 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in Constellation Brands during the 4th quarter worth $14,639,000. Institutional investors own 77.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Roth Capital reaffirmed a “buy” rating and issued a $209.00 price objective on shares of Constellation Brands in a report on Thursday, July 2nd. Needham & Company LLC reissued a “buy” rating and set a $185.00 target price on shares of Constellation Brands in a report on Thursday, July 2nd. Sanford C. Bernstein restated an “outperform” rating on shares of Constellation Brands in a research report on Wednesday, July 1st. Piper Sandler reaffirmed a “neutral” rating and issued a $160.00 price target on shares of Constellation Brands in a research note on Wednesday, July 1st. Finally, Bank of America cut their price objective on shares of Constellation Brands from $152.00 to $145.00 and set an “underperform” rating for the company in a research report on Thursday, July 2nd. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $167.53.

Constellation Brands Stock Down 0.1%

NYSE STZ opened at $130.30 on Friday. The business has a fifty day moving average price of $137.64 and a two-hundred day moving average price of $148.75. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.91 and a quick ratio of 0.48. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $174.32. The stock has a market capitalization of $22.25 billion, a PE ratio of 12.43, a PEG ratio of 4.05 and a beta of 0.39.

Constellation Brands (NYSE:STZ) last issued its earnings results on Tuesday, June 30th. The company reported $3.43 earnings per share for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.27). Constellation Brands had a net margin of 18.87% and a return on equity of 25.58%. The business had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same period in the prior year, the business posted $3.22 EPS. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Equities analysts expect that Constellation Brands Inc will post 11.84 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $4.12 annualized dividend and a yield of 3.2%. Constellation Brands’s dividend payout ratio (DPR) is 39.31%.

Insiders Place Their Bets

In related news, EVP James O. Bourdeau sold 4,407 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total value of $631,258.68. Following the sale, the executive vice president directly owned 9,109 shares of the company’s stock, valued at $1,304,773.16. This trade represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 12.20% of the stock is owned by company insiders.

Constellation Brands Profile

Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company’s beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.